Integrated Reporting and Financial Performance of Listed Manufacturing Firms in Nigeria

This study on integrated reporting and financial performance of listed manufacturing firms in Nigeria evaluated the impact of integrated reporting on the financial performance of manufacturing firms in Nigeria. The study looked at the effect of Social and Relationship Capital, Government Disclosure, Human Capital Disclosure and Environmental Disclosure on financial performance amongst Manufacturing Firms in Nigeria. Ex-post facto research design was adopted to conduct the study. The target population of this study constituted of fifty manufacturing firms listed on the Nigeria Exchange Group as at April 2024. The Taro Yamane statistical formula, a simple random sampling technique was used to select forty-four listed manufacturing Firms in Nigerian Exchange Group. The study adopted secondary means of data collection. Secondary data were generated through a review of the annual reports of the forty-four selected manufacturing firms from 2014-2023. Linear regression, with the aid of Statistical Package for Social Sciences 25 was used in analyzing the data and testing the hypotheses formulated for this study. Eight hypotheses were tested and findings revealed that Social and Relationship Capital, Governance Disclosure, Human Capital Disclosure have positive relationship with the Return on Equity and the Return on Asset. However, this relationship is insignificant on the financial performance of listed manufacturing firms. The study concluded that Integrated Reporting has a positive impact on the financial performance of listed manufacturing firms in Nigeria. However, the impacts are not significant. Based on the findings, the study recommended that manufacturing firms should invest in social and relationship capital initiatives, provide detailed disclosures about their governance structures and practices, improve on their human capital management and disclosure practices and intensify their efforts in environmental sustainability and provide more detailed and comprehensive environmental disclosures because there is a positive relationship between integrated reporting and financial performance of manufacturing firms in Nigeria.